WASHINGTON — An American Bar Association section is asking the Treasury Department for guidance on how to comply with stimulus law provisions designed to encourage banks to purchase more tax-exempt bonds from small state and local issuers.

In a seven-page letter dated Jan. 6, the ABA’s Section on Taxation told the Treasury that uncertainty remains on some key points of the provisions in the American Recovery and Reinvestment Act, which ease tax law restrictions to help spur the tax-exempt bond market. The letter was signed by Stuart Lewis, chairman of the section.

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